Name: Trump Says He’s Ready for Legal Fight With Fed Governor Lisa Cook
Uploaded: 2025-08-26T20:44:00Z
Duration: 1 min 34 s
Description: President Trump has moved to fire Federal Reserve governor Lisa Cook for alleged mortgage fraud. Cook, a Biden appointee, said she won’t resign and has threatened legal action.

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President Trump has moved to fire Federal Reserve governor Lisa Cook for alleged mortgage fraud. Cook, a Biden appointee, said she won’t resign and has threatened legal action. Photo: Anna Rose Layden/Bloomberg News; Aaron Schwartz/Press Pool

https://m.wsj.net/video/20250826/e09cda1e-aab1-48c4-a42e-b7d7ba368dee/1/hls/manifest-hd-wifi.m3u8

President Trump has moved to fire Federal Reserve governor Lisa Cook for alleged mortgage fraud. Cook, a Biden appointee, said she won’t resign and has threatened legal action.

 Trump Says He’s Ready for Legal Fight With Fed Governor Lisa Cook

Reporter: When it comes to Fed Governor Lisa Cook, her lawyer has said that they're going to be filing a lawsuit challenging this legal action. What is your response? Are you prepared for a legal fight? And then a little bit more a half a question, sir.

Oh, sure, always. We always have legal fights. Look, I had a legal fight that went on for years with crooked people, with very horrible people, people that have been found out now between John Ratcliffe and Tulsi and Pam, and I mean, the things that we found out, of course, it's a very, very sad group of people, but no, she seems to have had an infraction, and she can't have an infraction, and especially that infraction, because she's in charge of, if you think about it, mortgages, and we need people that are a hundred percent above board.

Reporter 2: Who are you share considering for the replacement to nominate for Lisa Cook and what economic background or history are you?

Well, we have some very good people for that position, and I think we have some very good people. We're down to, I mean, I think I, maybe in my own mind, have somebody that I like, but I deal with Scott, and I deal with Howard, and we're dealing with a lot of people actually that are gonna be involved in that decision, ultimately. It's a very important decision.

Reporter 3: Is your administration weaponizing government

No.

by digging into the mortgage records of officials you don't like?

No, they're public. I mean, you can find out those records. You can go check out the records yourself, and you should be doing that job, actually. You wouldn't do that, because that's not the kind of reporter you are, but you should be doing that job. I shouldn't have to be doing it. If you did your job properly, we wouldn't have problems like Lisa Cook.